Analog Devices flags a stronger Q2 as AI infrastructure demand lifts chip sales

Analog Devices just raised the bar for next quarter, pointing to AI-driven infrastructure demand and resilient industrial momentum. Let’s map the ripple effects across semis — with 3 winner categories and 3 loser categories.

What happened

Analog Devices ($ADI) guided fiscal Q2 revenue to about $3.5B (+/- $100M) and adjusted EPS to about $2.88 (+/- $0.15), both above Street expectations, citing strength tied to industrial and data-centre AI infrastructure demand. Shares jumped on the update.

Winners

Analog and mixed signal “AI infrastructure enablers”

AI data centres and industrial automation need power management, signal conditioning, data conversion, timing, and sensing — the “support chips” that scale with eve ...